Council of Economic Advisers

This tag is associated with 3 posts

US – The White House economic case for raising the minimum wage

The minimum wage helps support family incomes, reducing inequality and poverty, but as a slide deck from the Council of Economic Advisers shows, as the real value of the minimum wage has been allowed to erode, it has stopped serving this important purpose. via The Economic Case for Raising the Minimum Wage. Related articles Minimum Wage … Continue reading

US / Government shutdown costs 120,000 jobs in October says President’s chief economic adviser s

The partial government shutdown this month trimmed 0.25 percentage point from fourth-quarter economic growth and cost the U.S. 120,000 jobs in October, President Barack Obama’s chief economic adviser said. An analysis of daily and weekly economic data through Oct. 12 showed weakness in such areas as retail sales, economic confidence and mortgage applications, some of … Continue reading

White House predicts 2 million more jobs in 2012 – Feb. 17, 2012

The United States economy is on the road to recovery, the White House said Friday, with stronger job growth expected this year. But income inequality and Europe’s debt crisis could still pose challenges, according to a report released by President Obama’s Council of Economic Advisers. Before Obama even took office, America had lost 4.4 million … Continue reading

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